In early 2020, the rapid spread of the coronavirus (COVID-19) quickly developed into a pandemic. This was followed by a sharp global economic downturn that was extraordinary in its speed, reach and scale. Within days of the first reported COVID-19 cases, the ECB daily Composite Indicator of...

The UK’s withdrawal from the EU will have far-reaching consequences on the European economy. However, the ultimate consequences of Brexit, especially for financial markets, depend on the final agreement, which is still under negotiation. Currently, regulated financial services can be provided...

Complementing Europe's bank-based system with deeper capital markets and more cross-border financial integration promises benefits, but despite long-running debate and policy action, financial system change remains slow. Fintech has the potential to change financial intermediation structures...

Wesentliches Ziel des seit 1995 rechtsgültigen GATS-Vertrages (General Agreement on Trade in Services) ist die "fortschreitende Liberalisierung" sämtlicher Dienstleistungsmärkte. Um dieses Ziel zu erreichen, wird seit 2000 eine weitere Liberalisierung verhandelt. Die vorliegende Studie lotet...